Nam Thang Long Industrial Park, Hanoi City

Nam Thang Long Industrial Park is a modern and rapidly developing industrial park in Hanoi. Located in a strategic position, this area is attracting numerous investment projects. This article will introduce the location, history, potential, and prospects of this industrial park.

Key Highlights of Nam Thang Long Industrial Park

Strategic location, adjacent to modern urban areas

Modern infrastructure that meets investor needs

Abundant and high-quality human resources

Attractive investment incentives and support policies

Favorable business investment environment

Geographical Location of Nam Thang Long Industrial Park

Situated in the Northwest of Hanoi, approximately 15 km from the city center, Nam Thang Long has a favorable geographical location. The diverse transportation system includes National Route 32, Phap Van – Cau Gie expressway, internal roads, and railways. This allows the industrial park to easily connect with neighboring areas and other provinces.

Convenient Transportation Connections

Nam Thang Long Industrial Park has a diverse transportation system. Its advantageous geographical location allows businesses to easily access major economic, trade centers, and ports. Major routes such as National Route 32 and Phap Van – Cau Gie expressway exemplify this connectivity.

Adjacent to Modern Urban Areas

Nam Thang Long I.P is located near modern urban areas such as Van Quan, Duong Noi, and Xa La. This creates a developed socio-economic region that meets the diverse needs of businesses and workers.

The favorable geographical location, convenient transportation, and proximity to modern urban areas are significant advantages of Nam Thang Long I.P.

Industrial Parks in Ha Noi

History of Formation and Development

Nam Thang Long Industrial Park was established in 2003. The goal was to become a modern industrial park that supports the socio-economic development of Hanoi. This industrial park has attracted many enterprises, aiding the development of the processing and high-tech industries.

Initially, the industrial park focused on building modern infrastructure. Local authorities also implemented incentive policies to attract domestic and foreign investors.

Over the years, Nam Thang Long I.P has become an ideal destination for businesses. Major companies have chosen this area, contributing to the economic growth of Hanoi.

Nam Thang Long I.P has become one of the important “extensions” of Hanoi in attracting investment and promoting industrial development.

Nam Thang Long I.P continues to develop due to continuous investment and incentive policies. It affirms its position in the industrial landscape of Hanoi.

Potential and Prospects of Nam Thang Long Industrial Park

Nam Thang Long Industrial Park has many advantages, particularly its abundant and high-quality human resources.

Abundant Human Resources

This area boasts thousands of skilled workers who meet the demands of industrial enterprises. Local authorities and vocational training schools also provide quality human resource training.

This fulfills the potential and human resource needs of businesses.

Modern Infrastructure

Nam Thang Long I.P features modern infrastructure. The transportation, electricity, water, and telecommunications systems have been developed and invested in. This facilitates production and business operations.

With abundant human resources and modern infrastructure, Nam Thang Long I.P promises a future full of potential and prospects.

Nam Thang Long I.P is a bright spot in Hanoi. It was established in 2008 and hosts numerous enterprises in the fields of processing, manufacturing, and high technology.

The park covers an area of 335 hectares, with various functional zones including administrative, service, production, and research and development areas. The investment environment here is very attractive, with modern infrastructure and good environmental protection.

Businesses in Nam Thang Long I.P operate in various fields, such as automobile manufacturing, electronics, medical equipment, and information technology. The area offers high-quality human resources and a favorable business environment, attracting investors.

Nam Thang Long I.P is an ideal destination for investors seeking sustainable development opportunities in the capital city of Hanoi.

Main Industries in the Industrial Park

Nam Thang Long I.P attracts many businesses involved in processing, manufacturing, and high-tech industries. The main products include automobiles, components, electronic devices, machinery, medical equipment, and information technology.

Processing and Manufacturing Industry

Nam Thang Long I.P is a hub for many businesses in the processing and manufacturing sectors. Large companies such as automobile and component manufacturers and electronics firms have invested here.

Industry	Leading Enterprises
Automobile and component industry	Toyota, Honda, Yamaha
Electronics equipment industry	Samsung, LG, Canon
Machinery and equipment industry	Mitsubishi, Kawasaki, Siemens

High-Tech Industry

Nam Thang Long I.P also attracts high-tech enterprises that manufacture medical devices, information technology products, and electronics. Leading companies have chosen this area as their destination for business expansion.

Nam Thang Long I.P has become a center attracting top technology companies both domestically and internationally, benefiting from modern infrastructure and a favorable business investment environment.

Investment Incentives and Support Policies

Nam Thang Long Industrial Park in Hanoi City benefits from various incentive and support policies from the Vietnamese government. Investors will enjoy special benefits, making it easier for them to do business and develop projects.

Key incentives at Nam Thang Long Industrial Park include:

Tax incentives: Exemption or reduction of corporate income tax, import tax, and other fees and charges.
Land incentives: Preferential land prices and long-term land lease at competitive rates.
Infrastructure support: Investment in building synchronized technical infrastructure and utility services.
Human resource support: Training and development of high-quality human resources.
Other support services: Assistance with legal procedures, administrative procedures, and introduction of suppliers and partners.

Thanks to these incentives and investment support policies, Nam Thang Long I.P has attracted numerous investors, especially in the processing, manufacturing, and high-tech industries.

Nam Thang Long I.P is a highly attractive investment environment due to comprehensive incentives and support policies from the government and local authorities.

Favorable Business Investment Environment

Nam Thang Long Industrial Park not only offers attractive incentive policies but also creates a favorable investment and business environment for enterprises. Two key factors exemplifying this are:

Transparent Legal System

The regulations, laws, and legal procedures here are clear and stable. Businesses can operate confidently in a healthy legal environment. This helps minimize risks and focus on production and business.

Comprehensive Support Services

Nam Thang Long I.P provides support services such as consulting, logistics, security, and healthcare. This allows businesses to concentrate on their core activities. Consequently, they enhance their competitiveness and efficiency.

Nam Thang Long I.P creates a very favorable investment and business environment, contributing to improving the operational efficiency of enterprises.

Criteria	Nam Thang Long Industrial Park
Legal System	Transparent, stable
Support Services	Comprehensive, convenient
Competitive Capability	High, effective

Trade Connections and International Cooperation

Nam Thang Long I.P attracts many investors from around the world, including Japan, South Korea, Taiwan, China, and the European Union, who seek investment opportunities and trade connections here.

The diversity of capital sources and nationalities creates a dynamic international cooperation environment. This helps companies enhance their competitiveness and expand their global market.

Nam Thang Long I.P hosts many networking activities. Domestic and international enterprises seek cooperation opportunities. It serves as a solid bridge for companies to expand trade and implement global collaboration projects.

The strategic location and attractive investment environment make Nam Thang Long I.P a destination for international investors. This area promotes connections and international cooperation in Vietnam’s industrial sector.

Outstanding Projects in the Industrial Park

Nam Thang Long Industrial Park has attracted many investment projects from large corporations. These projects not only promote development but also create job opportunities. They contribute to the economic growth of Hanoi.

Some notable projects at Nam Thang Long I.P include:

Toyota’s automobile manufacturing plant
Samsung’s electronic components manufacturing plant
Olympus’s medical equipment manufacturing plant
Many other high-tech projects

Project Name	Industry	Investment Scale
Toyota Automobile Manufacturing Plant	Automobile Industry	Over 1 billion USD
Samsung Electronic Components Manufacturing Plant	Electronics Industry	Over 500 million USD
Olympus Medical Equipment Manufacturing Plant	Medical Industry	Approximately 300 million USD

These outstanding projects create many new jobs, enhance industrial capacity, and attract foreign investment. This helps Nam Thang Long I.P to grow robustly.

Conclusion

Nam Thang Long Industrial Park is developing strongly. It is located in a favorable position, has quality human resources, and modern infrastructure. Therefore, this area attracts many businesses for investment and expansion.

The development of Nam Thang Long I.P will help Hanoi industrialize and modernize. Attractive incentive policies and a favorable investment environment will ensure sustainable development for this area.

With advantages in location, infrastructure, and support policies, Nam Thang Long I.P will continue to attract investors. It will remain an attractive destination for many.

Other Industrial Parks

FAQ

What is the geographical location of Nam Thang Long Industrial Park?

Nam Thang Long I.P is located in the Northwest of Hanoi, about 15 km from the city center. The area has a good transportation system, including National Route 32, Phap Van – Cau Gie expressway, internal roads, and railways. This makes it easy for the industrial park to connect with neighboring areas and other provinces.

Is Nam Thang Long I.P adjacent to modern urban areas?

Yes, Nam Thang Long I.P is located near urban areas such as Van Quan, Duong Noi, and Xa La. This creates a vibrant socio-economic region.

How was Nam Thang Long I.P formed and developed?

Nam Thang Long I.P was planned and constructed starting in 2003. The goal was to become a modern industrial park, driving the socio-economic development of Hanoi. Over time, this area has attracted many enterprises, contributing to the growth of the processing, manufacturing, and high-tech industries.

What are the potential and prospects of Nam Thang Long Industrial Park?

Nam Thang Long Industrial Park has many advantages, including abundant human resources with a high level of education. The modern infrastructure, including transportation, electricity, water, and telecommunications, facilitates production and business activities.

What are the main industries in Nam Thang Long Industrial Park?

Nam Thang Long Industrial Park attracts many businesses in processing, manufacturing, and high-tech industries. The main products include automobiles, components, electronic devices, machinery, medical equipment, and information technology.

What are the investment incentives and support policies at Nam Thang Long I.P?

The Vietnamese government and Hanoi authorities have issued many incentive policies to support investment. These policies include tax incentives, land incentives, infrastructure support, labor assistance, and support services.

What makes the investment and business environment at Nam Thang Long I.P special?

Nam Thang Long I.P offers a favorable investment and business environment. The legal system is transparent and stable, along with support services such as consulting, logistics, security, and healthcare, ensuring businesses can confidently engage in production and business activities.

What notable investment projects are in Nam Thang Long I.P?

Nam Thang Long I.P has attracted many large projects, including Toyota’s automobile plant, Samsung’s electronic components plant, Olympus’s medical equipment plant, and many other high-tech projects.